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The supply curve for product X is given by Q X S = -520 + 20 P X . a. Find the inverse supply curve.

The supply curve for productXis given byQ_X^S= -520 + 20P_X.

a. Find the inverse supply curve.

P=+Q

b. How much surplus do producers receive whenQ_x= 400? WhenQ_x= 1,200?

WhenQ_X= 400: $

WhenQ_X= 1,200: $

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